Answer:
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Answer:
The monopolist's net profit function would be:
Step-by-step explanation:
Recall that perfect price discrimination means that the monopolist would be able to get the maximum price that consumers are willing to pay for his products.
Therefore, if the demand curve is given by the function:
P stands for the price the consumers are willing to pay for the commodity and "y" stands for the quantity of units demanded at that price.
Then, the total income function (I) for the monopolist would be the product of the price the customers are willing to pay (that is function P) times the number of units that are sold at that price (y):
Therefore, the net profit (N) for the monopolist would be the difference between the Income and Cost functions (Income minus Cost):
Answer: 1/12
Step-by-step explanation:
Your outcome, 2H, divided by the total size of the output set. Thus gives you probability 1/12
Multiply the probability of Heads P(x=H | coin) = 1/2 . The probability of 2 P(x=2 | Die) = 1/6. Multiply 1/2(1/6) = 1/12.
Answer:
h = -8.5
Step-by-step explanation:
10.35+2.3h=-9.2
Subtract 10.35 from each side
10.35-10.35+2.3h=-9.2-10.35
2.3 h =-19.55
Divide each side by 2.3
2.3h/ 2.3 = -19.55/2.3
h =-8.5
To add or subtract fractions , their denominator ( The one beneath the numerator, the one that divides the numerator ).
If they both terms have the same denominators you just have to add or subtract their numerators and stay with your denominator:
example: 3/5 + 4/5 = 7/5
2/3 - 1/3 = 1/3
But if the terms you are adding or subtracting do NOT have the same denominator , you have to make their denominator equal by equivalency :
Example : 2/3 + 1/6
I cant add 2/3 to 1/6 because they have different denominators. But if I multiply 2/3 by 2/2 it wil be 4/6:
4/6 + 1/6 = 5/6 !!
As 2/2 = 1 , I did not change the value but I changed the numerator and denominator of 2/3 :
If I multiply the numerator of a fraction by any number , but I do the same thing to the denominator, It creates a equivalency, where I dont change the actual values of the fraction.
I hope you understood my brief explanation , and please consider marking this awnser as Branliest if you think it deserves it. Thank you ! :)
